MEXICO CITY, June 18 (Reuters) - Mexican real estate

investment trust Fibra Next is reviving its plans to go public

and aims to raise 8 billion pesos ($422 million) in the offer,

documents released late on Tuesday show.

WHY IT'S IMPORTANT

The IPO signals renewed confidence in Mexico's REIT market after

regulatory delays last year stalled Fibra Next's debut on the

stock exchange.

BY THE NUMBERS

Fibra Next plans to issue 80 million Real Estate Trust

Certificates (CBFIs) at an offering price of 100 pesos each.

Including overallotment and additional issuance options, the

offering could reach 110.4 million certificates.

CONTEXT

Fibra Next was created with industrial assets from Fibra Uno

, Mexico's largest real estate investment trust.

REITs in Mexico, known as "fibras," operate similarly to U.S.

REITs, offering returns from rental income and capital gains on

property portfolios. Fibra Next's IPO was delayed in late 2023

due to a lack of "confirmation of judgment" from the tax

authorities.

WHAT'S NEXT

The IPO is scheduled for later this year, according to the

preliminary prospectus released through Mexico's main stock

exchange.

($1 = 18.9667 pesos)